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by mtmail 1830 days ago
In Germany Theo Albrecht (one of the Aldi founders, Forbes richest #31) tried to deduct his kidnapping ransom payment ($2mil USD in 1971) as tax deductable business expense. It went to court and was denied.
1 comments

Well yeah, seems like personal tax thing... which aren't necessarily but still can be profit/loss based.
I guess the founder wasn't key to the organization and wouldn't pay.